Equity benchmarks started off Wednesday's intraday trade on
negative note on profit booking and following weak cues from US. The Sensex
slipped 27.96 points to 24348.92 and the Nifty lost 10.50 points to 7265.Coal India, BHEL, Hindalco Industries and
L&T declined 1-1.5 percent while TCS, Bajaj Auto, Sesa Sterlite, NTPC,
Cipla, HCL Technologies and Asian Paints gained 0.7-1.6 percent.
The Indian
rupee has opened lower at 58.70 a dollar on Wednesday, down 7 paise compared to
previous day's closing value of 58.63 per dollar. Asian equities were mixed in
trade on Wednesday as investors were cautious ahead of a Bank of Japan monetary
policy decision.
Japan's Nikkei 225 Average declined 40.22 points or 0.29 percent to 14,035.03
and Singapore's Straits Times slipped 6.76 points to 3,258.71. South Korea's
Seoul Composite was down 1.31 points to 2,009.95, at 8:00 hours IST.
However,
Shanghai Composite was up 2.15 points to 2,010.27 and Hang Seng rose 25.88
points to 22,860.56. Taiwan Weighted advanced 2.53 points to 8,890.32. US
markets slipped on talks of rate hikes coming in sooner than expected, with
Europe too ending in the red.
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